EXHIBIT 23.1



                       CONSENT OF INDEPENDENT ACCOUNTANTS


We  hereby  consent  to the  incorporation  by  reference  in this  Registration
Statement on Form S-8 of our report dated  January 12,  1996,  which  appears on
page 46 of the 1995 Annual Report to  Shareholders  of NationsBank  Corporation,
which is incorporated by reference in NationsBank Corporation's Annual Report on
Form 10-K for the year ended December 31, 1995.



/s/ Price Waterhouse LLP

PRICE WATERHOUSE LLP
Charlotte, North Carolina
June 26, 1996